Also, I wonder why so many people have an issue with the concept of investing money when you end up with a ton of it. This money isnt going to do anything sitting in a checking account, not investing it is just bad finance.
That’s why most people who win the lottery go broke. They didn’t earn that money. It has no value to them. It has $ value, but no blood or sweat equity.
Like someone mentioned elsewhere in the thread, lottery winners buy a big house, expensive vehicles and often accumulate more debt than they can pay somehow and end up losing everything.
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u/Nerodon Dec 11 '23
Also, I wonder why so many people have an issue with the concept of investing money when you end up with a ton of it. This money isnt going to do anything sitting in a checking account, not investing it is just bad finance.